Indian Stocks 29-January2016

Nifty50 opened  at 7,413; spiked to 7,477; hovered around 7,450; continuously moved up to day's high at 7.575 and closed 1.87% higher 7,563.  IndiaVix opened in GREEN and after making day's high at 18.8, continuously moved southward to slip in RED and closed 3.7% LOWER at 17.24.  NSE Advance Decline Ratio (ADR) opened near 2.8 and closed at 1.9. On NSE, USD-INR currency Feb'16 expiry future closed 0.64 % lower at 68.09 INR.

Bank Nifty closed 0.92 % higher. NiftyAuto Index closed 1.97 % higher. NiftyMetal Index closed 1.08 % higher. NiftyPharma Index closed 2.75 % higher. NiftyIT Index closed 2.12 % higher. NiftyFMCG Index closed 1.23 % HIGHER. NiftyReality Index closed 1.55 % higher.

Reliance closed 1.88% higher. HUL closed 3.28% higher. SBI closed 3.08 % lower. SunPharma closed 5.26 % higher. TataSteel closed 2.3 % lower.  Infy closed 3.22 % higher. TataMotor closed 0.81  % higher. 

Bharti Airtel, IDEA, FEDERAL BANK, EXIDE INDUSTRY, MCDOWELL, JUST DIAL - all these stocks made fresh 52 week low and closed in RED.

On NSE, Turnover in Equity segment was  slightly LOWER than previous session; Turnover in Derivative segment was LOWER than previous session. As per EoD provisional statistics, FII/FPIs Bought equity worth 571 crore INR(net), and DIIs Bought equity worth 240  crore INR(net).

At the end of session, India Vix is placed in RED above 15. NSE ADR is placed at 1.9. Both these together indicates Neutral view with positive bias.

Written on : 29-January-2016 20:00 Hrs.